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Return on total assets A company reports the following income statement and balance sheet information for the current year: Net income $802,330 Interest expense 141,590

Return on total assets

A company reports the following income statement and balance sheet information for the current year:

Net income	$802,330
Interest expense	141,590
Average total assets	6,840,000

Determine the return on total assets. If required, round the percentage to one decimal place. %

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